Galane Gold (OTCMKTS:GGGOF) (CVE:GG) Stock Moves Up After Announcing New CFO

Shares of Galane Gold (OTCMKTS:GGGOF) (CVE:GG) gained momentum on Thursday after the company name a New CFO

Market Stats

On Thursday, GGGOF stock gained 3.47% to $0.1073 with more than 46.5K shares, compared to its average volume of 221k shares. The stock moved within a range of $0.1040 – 0.1100 after opening trading at $0.1040.      

Galane Gold Ltd. Announces Appointment of New CFO

Gold producer and explorer with mining operations in New Mexico, Botswana and South Africa, Galane Gold (OTCMKTS:GGGOF) (CVE:GG) on February 10, 2022 announced appointment of Andrew Bishop as Galane Gold’s Chief Financial Officer.

Bishop has about two decades of experience in finance, accounting and business development in public markets. He has shown the ability to manage several operational and financial aspects of a growing and dynamic business.

Andrew, a Chartered Accountant, having started his career at PwC has been in mining industry for close to 14 years and focuses on gold.

Bishop expressed delight in joining the Galane Gold team at an exciting time.  Nick Brodie, Chief Executive Officer, said that they are excited on welcoming Andrew to Galane Gold as the new CFO. Brodie added that Andrew has significant experience in financial, operational and strategy and will be a vital addition to the management and the company.

Bishop’s appointment is subjected to approval of TSX Venture Exchange.  A public company with shares quoted on TSX Venture Exchange, Gold’s management team comprises of senior mining professionals with significant experience in managing mining as well as processing operations.

Galane Gold is Committed on operating at world-class standards and focusing on employee safety and contributing to communities it operates.

Key Quote

“We are excited to welcome Andrew to Galane Gold as our new CFO,” said Nick Brodie, Chief Executive Officer. “Andrew brings impressive financial, strategic, and operational experience to the Company. His addition is another important step in the evolution of our Company and management team.”

Traders Corner

GGGOF stock is trading above the 20-Day and 50-Day Moving averages of $0.10 and $0.10 respectively. The stock is trading in neutral zone with the RSI at 59.